Microlender Arohan Monetary Companies on Friday stated its web revenue jumped by a whopping 377 per cent to ₹103.16 crore within the fourth quarter of the 2023-24 fiscal.
The corporate posted a web revenue of ₹21.62 crore within the year-ago interval, whereas its microfinance establishment (MFI) achieved a gross mortgage portfolio exceeding ₹7,112 crore with zero web NPA, in line with an organization assertion.
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The online revenue of Arohan stood at ₹313.82 crore within the 2023-24 fiscal (FY’24), as in comparison with ₹71 crore within the earlier 12 months.
Within the January-March quarter of FY’24, the income of the MFI touched ₹435.56 crore, registering a development of 38.47 per cent over ₹314.56 crore within the corresponding interval of the earlier fiscal.
The corporate operates in 16 states within the nation with 957 branches.
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